Former Yale administrator stole $40 million, pretending to buy computer equipment for the university. Instead, she bought a fleet of luxury cars, and three houses
A former administrator at the Yale University School of Medicine has pleaded guilty to stealing $40 million from the school in a nearly decade-long computer and electronics purchasing fraud.
Federal prosecutors say Jamie Petrone, 42, used the money to buy a fleet of luxury cars including Mercedes, Land Rovers and Cadillac Escalades, numerous properties in several states and to pay for lavish trips. Prosecutors say that in 2021 alone, she purchased more than 8,000 tablet computers, all in orders smaller than $10,000. In one 10-week period that year, she ordered $2.1 million worth of equipment.
In a statement, Yale said that it initially alerted authorities last year after finding “evidence of suspected criminal behavior.”
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